π€Token Derivation
Derive-er's Licenses For Everyone!
Last updated
Derive-er's Licenses For Everyone!
Last updated
Derivation means we use math and a combination of AMM LP positions and money market borrows to create any payoff you want. Up, down, sideways, anything you want. We call these payoffs Structured Payoffs.
By deriving, we completely remove the need for predatory direct underwriters which have plagued previous structured product vaults. For example, an Itos synthetic option does not have a direct option seller.
This results in enormous benefits over previous generations of Defi. Itos products are:
vault-free.
lockup-free. Open and close as you like.
devoid of off-chain underwriters.
automatically priced by DeFi market forces.
composable and fully owned by the user.
And our derivation leads the world of LPDfi by being powerful enough to create any payoff.